The e-voting process for Vedanta Limited’s $20 billion demerger into five listed companies is set to take place between Feb 13th and Feb 17. InGovern recommends that shareholders vote for the demerger resolution. As per Vedanta's revised December 2024 composite scheme of the arrangement, the demerger will result in the creation of five sector-focused entities: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel, and Vedanta Limited holding the remaining business.
The demerger is planned to be a simple vertical split. For every share of Vedanta, the shareholders will additionally receive one share of each of the four newly listed companies.
Through our report, InGovern has said that minority shareholders could increase their overall investment value in each of these entities as these companies grow independently.
InGovern has been quoted in The Economic Times with regards to the Vedanta Limited demerger which is set to be completed later this year.
Read the full article here:
#Vedanta #Demerger #CorporateGovernance #InvestorInsights #ShareholderValue #VedantaLimited #InGovern #EconomicTimes #StockMarket #Investing #BusinessNews #CapitalMarkets #IndiaBusiness
コメント